Hudson Hill Capital buying a majority stake in Manchester-headquartered InXpress in partnership with the corporate’s senior administration group has been named as Deal of the Month for November.
The worldwide franchiser of transportation and logistics companies serves SME clients via a software program platform and international community of just about 400 franchises in 14 international locations.
Established in 1999, it maintains relationships with tier-one parcel, air and freight carriers.
Talking when the deal was introduced, Mark Taylor, international chief govt of InXpress since 2015, stated: “We’re excited to work with the skilled Hudson Hill group to reinforce our enterprise and constantly enhance our service providing to our international clients.”
Eric Rosen, managing accomplice of Hudson Hill, added: “InXpress presents a novel platform to proceed to construct the enterprise globally and supply a wider set of freight options.
“We sit up for working carefully and in partnership with current administration shareholders, Mark Taylor, Adam Thompson, Dustin Hansen, and your complete administration group.”
KPMG led the transaction with a mixed group from KPMG UK company finance (Christian Mayo, Claire Frangou, Patrick Simpson, Hannah Taylor and Sarah Bowen) alongside KPMG US company finance (Stephen Man, Chris Weber, David Lazarek and Ranny Ma).
Deal advisory companies had been offered by KPMG transaction companies (Sue Richardson, Steve Heath, Claire Elcock, Jack Pearson, Jake Williams, Harry Spencer and Claire McGuire) and KPMG debt advisory (Chris Lloyd and Stephen Detko).
Squire Patton Boggs suggested the shareholders and administration of InXpress, with a cross-border group led by company companions Paul Mann (Leeds), Giles Chesher (Manchester) and Danielle Asaad (Cleveland, Ohio), assisted by Hannah Crosland, Emily Downie, Rebecca Meyers, Mona Mojtabavi, Olivia Baccarella and Andrew Griesser.
Park Place Company Finance (Tim Simpson and Richard Firth) was strategic adviser to the InXpress shareholders and acted as lead adviser to the reinvesting administration.